Zee Media Bureau New Delhi: Cricketer Yuvraj Singh's company YouWeCan Ventures has invested in American burger chain CybizBrightStar, the master franchisee of US-based fast-food chain Carl's Jr.
Cybiz BrightStar has raised $3 million-$4 million till date at a valuation of about $30 million, according to sources.
Other investors in the company include Now Foods and Elara Capital. Cybiz BrightStar will use the funds to expand operations.
Recently, Yuvraj Singh invest in JetSetGo, an online marketplace for jets and helicopters. Cybiz, which has interests in the F&B sector, has been looking to raise capital for Carl’s Jr. It raised around Rs 12.5 crore from Delhi-based PE.
First Published: Friday, August 7, 2015, 13:18